Help Sa- + 2 of 2 Required information Problem 16-6AA FIFO: Costs per equivalent unit; costs assigned to products LO C2, C4 (The following information applies to the questions displayed below) QualCo manufactures a single product in two departments: Cutting and Assembly. During May, the Cutting department completed a number of units of a product and transferred them to Assembly of these transferred units, 38,400 were in process in the Cutting department at the beginning of May and 159,500 were started and completed in May. May's Cutting department beginning inventory units were 70% complete with respect to materials and 30% complete with respect to conversion. At the end of May, 52,200 additional units were in process in the Cutting department and were 70% complete with respect to materials and 25% complete with respect to conversion. The Cutting department had $518,900 of direct materials and $478,632 of conversion cost charged to it during May. Its beginning inventory included $74,975 of direct materials cost and $29,393 of conversion cost. kipped eBook Print erences Problem 16-6AA Part 2, 3 and 4 Required information Problem 16-6AA Part 2, 3 and 4 2.4. Using the FIFO method, assign May's costs to the units transferred out and assign costs to its ending work in process invento (Round "Cost per EUP" to 2 decimal places.) Equivalent units of production (EUP). FIFO method Units % Materials EUP-Materials % Conversion EUP. Conversion Total units Cost per equivalent unit of production Materials Conversion Costs EUP Total costs + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total costs accounted for: Beginning Inventory Cost: Cost to complete units in beginning inventory EUP Direct materials Cost per EUP Total cost Conversion Total cost to complete beginning inventory Cost of units started and completed Direct materials Conversion EUP Cost per EUP 0.00 0.00 Total cost $ 0.00 0.00 EUP Cost per EUP 0.00 $ 0.00 Total cost $ 0.00 0.00 Total cost to complete beginning inventory Cost of units started and completed Direct materials Conversion Total cost of units started and completed Total cost of units transferred out Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Cost per EUP $ 0.00 $ 0.00 Total cost $ 0.00 0.00